Friday, December 2, 2022 / by Chantal Johnson
Housing has been a hot topic in Vancouver and other parts of British Columbia for several years. From cost to availability, this has been a tough journey for many.
On November 21st, 2022, the Government of B.C. announced changes to legislation that will remove rental restrictions in strata properties and introduced the new Housing Supply Act which will provide select municipalities with increased powers to address housing development. These changes will have implications for consumers, real estate licensees, and real estate developers in our province.
The change in provincial legislation then went into effect on Thursday, November 24, which automatically and immediately overrides any strata bylaw that restricts rentals in their building.
Finally, a change in a positive direction! What does this mean?
Amendments to the Strata Property Act will end all strata rental-restriction bylaws and limit age-restriction bylaws so that the only permitted age restriction is to preserve a ...
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mortgage, realtor, vancouver condo, vancouver real estate, buying a home, home buyer, home for sale, home seller, selling property, bylaws, real estate, strata
Wednesday, September 21, 2022 / by Chantal Johnson
Buying a home can be stressful. Along with the stress of moving, this will probably be the largest financial purchase that you will ever make. It's important that you consider these three tips when beginning your home search journey to ensure a smooth and successful process.
1. Find the right agent - It is equally import to research real estate agents as it is to know what type of home your are looking for.
Are you purchasing a condo, or a detached home outside the city? When choosing a realtor it is important to work with someone who is an expert in the market and type of home that you are buying. Part of a realtor's job is to ensure that you are informed with current market conditions as well keeping you up to date with specific details or areas of caution that you should be aware of with the properties that you are viewing. You want to be confident (through your research) that you have chosen an agent that is well informed and experienced so that they truly can . ...
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buying a home, home buyer, mortgage, realtor, vancouver condo, vancouver real estate